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Should Investors Buy Spectrum Brands as Callodine Capital Keeps Adding to its Largest Position?
The Motley Foolยท 2025-12-02 18:16
Callodine Capital continued to add to its Spectrum Brands position in the last quarter, despite the stock being its largest holding at nearly 8% of the firm's portfolio.On Nov. 13, 2025, Callodine Capital Management, LP disclosed a buy of 360,898 shares in Spectrum Brands (SPB 1.19%), increasing its stake by an estimated $18.32 million.What happenedAccording to a filing with the U.S. Securities and Exchange Commission, for the period ended Sept. 30, 2025, Callodine Capital increased its investment in Spectr ...